16, FREEBY CLOSE, MELTON MOWBRAY, LE13 1HN - £210,000

16 FREEBY CLOSE is a midsized extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £210,000 in September 2015, which was around 22% below the average September 2015 detached price in the Melton local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

16 FREEBY CLOSE Sold Prices

Land registry data shows six sales for 16 FREEBY CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Melton local authority area for the corresponding sale date. All of the six 16 FREEBY CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 18 SEP	£210,000	£269,434	22% below HPI
2013 13 DEC	£204,000	£242,708	16% below HPI
2006 2 NOV	£207,000	£232,714	11% below HPI
2005 12 AUG	£191,500	£223,840	14% below HPI
1998 11 SEP	£83,000	£95,358	13% below HPI
1996 23 AUG	£75,000	£83,309	10% below HPI

16 FREEBY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Melton local authority area over time, sourced from the HPI. The six 16 FREEBY CLOSE sales between August 1996 and September 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2015 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 16 FREEBY CLOSE?

16 FREEBY CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses in Melton Mowbray, based on EPC data. The below chart shows the distribution of detached houses by size in Melton Mowbray, and where 16 FREEBY CLOSE lies on this distribution: 52% of detached houses are smaller than 16 FREEBY CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Melton Mowbray.

16 FREEBY CLOSE: Plot and Title Map

16 FREEBY CLOSE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 16 FREEBY CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 FREEBY CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 FREEBY CLOSE?

16 FREEBY CLOSE is located in MELTON MOWBRAY, in the LE13 postcode district. The below map shows the position of No. 16 on FREEBY CLOSE.